bitcoin atm

[ice098]

Anyone in the bitcoin ATM business??

I don't see any Bitcoin ATM in my country. But I want to know if I can have my own Bitcoin ATM business? I though the ATM machine is for bank business only. If it is okay to have my own Bitcoin ATM machine, why not? It is a good business to start in my country. And Lastly how it works?

[Gameroid]

Anyone in the bitcoin ATM business??

I don't see any Bitcoin ATM in my country. But I want to know if I can have my own Bitcoin ATM business? I though the ATM machine is for bank business only. If it is okay to have my own Bitcoin ATM machine, why not? It is a good business to start in my country. And Lastly how it works?

it is possible to carry your Bitcoin ATM machine with you. i do not think that currency we need for any ATM machine, i think my mobile phone is my ATM machine, because i can use any amount of bitcoin from my online wallet any time and anywhere. i just need my mobile and Internet connection.

[Pab]

I have recently saw on news  that company EasyBit is installing 4 bitcoin ATM in Vietnam. And I was surprised two times. First was when I heard "Vietnam" and second that 60 bitcoin ATM already installed in different cities of the world. Of course I doubt that they will install such ATM in my little city soon, but I would like it to happen in anyway.

I ve been reading that in Vietnam double way bitcins ATM are at any corner in cities.Vietnamise people much more use bitcoin than banks to transfer money.I guess many of them are living and working outside of Vietnam so thay are saving huge money on money transfering
In my country central east europe there is only one bitcoin Atm in capitol and two another in big cities

[BingoDog]

We are surprised to see that countries like Vietnam have bitcoin ATMs but what we excatly know about using bitcoins in such countries? Maybe we just have the wrong opinion about it and the number of bitcoin users is probably biger then we think. Like in my country, first I thought that 4 ATMs is too much but know I see there is need for more.

[Tanic]

Anyone in the bitcoin ATM business??

I don't see any Bitcoin ATM in my country. But I want to know if I can have my own Bitcoin ATM business? I though the ATM machine is for bank business only. If it is okay to have my own Bitcoin ATM machine, why not? It is a good business to start in my country. And Lastly how it works?

I also think that it would be good business to instal bitcoin ATM. I know there is one-two companies who already start this business, but I think nothing is lost yet and it really could be progressive to start it now and to be the one among pioneers in this area.

[President79]

A good idea, with the presence of ATM will make it easier for users of the bitcoin taking money. things that make me confused if there are atm is whether prices can directly update?

[Mbah Slamet]

Good news, when a lot of people doubted the existence of the bitcoin ATM proves that there are parties that are very concerned to provide ease for bitcoin users. I hope ATM bitcoin soon expanded and there are available to my city.

[Teraboy]

A good idea, with the presence of ATM will make it easier for users of the bitcoin taking money. things that make me confused if there are atm is whether prices can directly update?

Yes it is, atm will always be connecting to the host computer and the host computer is syncing with the main computer. And IMO it is possible for ATM is always updating about the bitcoin price.

[virasog]

there is also few atm's in my county but I never used them, I heard fees are much higher then usuall. Good thing is it works both way, so you could sell you bitcoins, and completely bypass fear of IRA, as they are anonimus.

Oh good to know that you have bitcoin ATM in your country, I look forward too to have it here, I don’t mind if it has high transaction fees as long as the confirmation of money is fast enough for its value, so it is okay then.
 

[bit1]

Anyone in the bitcoin ATM business??

I don't see any Bitcoin ATM in my country. But I want to know if I can have my own Bitcoin ATM business? I though the ATM machine is for bank business only. If it is okay to have my own Bitcoin ATM machine, why not? It is a good business to start in my country. And Lastly how it works?

I also think that it would be good business to instal bitcoin ATM. I know there is one-two companies who already start this business, but I think nothing is lost yet and it really could be progressive to start it now and to be the one among pioneers in this area.

Well, really I do not know if it's just me or someone else has associated the idea of the ATMs with banks, I see that the guy above has the same opinion at least, if that's the case there would not be much reason to get excited, but if they are companies outside these, are more likely to give better and cheaper services, on the other hand, I think that in the future its would not be so necessary if BTC becomes used in establishments in the future, although I also think that the atms  will still be used for a long time, because at the present time those are very useful as they save time especially, maybe change something in the design since the majority are square and huge and some still use keys instead of being tactile, but I think that is not as important as the service that these provide, although these will never compare with a good deal of a human cashier.

[just_Alice]

Anyone in the bitcoin ATM business??

I haven't seen any bitcoin ATM physically with my eyes but these are very rear and they aren't in every country in the world. I think they are good if people want to spend/buy bitcoin fast but as far as I'm aware the fees aren't low there.

Yes that's true. The fees in bitcoin ATM are sometimes as high as 8% of the amount of transaction. Hopefully in the future there will be a lot of bitcoin ATMs and the fees will be lower.

[Teraboy]

Anyone in the bitcoin ATM business??

I haven't seen any bitcoin ATM physically with my eyes but these are very rear and they aren't in every country in the world. I think they are good if people want to spend/buy bitcoin fast but as far as I'm aware the fees aren't low there.

Yes that's true. The fees in bitcoin ATM are sometimes as high as 8% of the amount of transaction. Hopefully in the future there will be a lot of bitcoin ATMs and the fees will be lower.

Because the bitcoin users are too rarely in our community and the companies are trying to minimise his loss caused by the atm's operational cost. If you compare it with the bank's atm and the result will be different.

[meemiinii]

Anyone in the bitcoin ATM business??

I don't see any Bitcoin ATM in my country. But I want to know if I can have my own Bitcoin ATM business? I though the ATM machine is for bank business only. If it is okay to have my own Bitcoin ATM machine, why not? It is a good business to start in my country. And Lastly how it works?

it is possible to carry your Bitcoin ATM machine with you. i do not think that currency we need for any ATM machine, i think my mobile phone is my ATM machine, because i can use any amount of bitcoin from my online wallet any time and anywhere. i just need my mobile and Internet connection.

yeah perhaps we dont need that bitcoin atm machines. but if and only if a certain phone has an internet connection. but what if they dont, right? i mean what if they dont have an internet along the way like they are on travel.. so in some ways we still need those. anyway, in my country i heard that there is already a bitcoin atm. and its in Makati, one of the most industrialized cities in the  philippines.. and i think this is the first ever bitcoin atm in our country and hopefully sooner or later numbers of bitcoin atms will increase.

[bravehearth0319]

Anyone in the bitcoin ATM business??

I don't see any Bitcoin ATM in my country. But I want to know if I can have my own Bitcoin ATM business? I though the ATM machine is for bank business only. If it is okay to have my own Bitcoin ATM machine, why not? It is a good business to start in my country. And Lastly how it works?

it is possible to carry your Bitcoin ATM machine with you. i do not think that currency we need for any ATM machine, i think my mobile phone is my ATM machine, because i can use any amount of bitcoin from my online wallet any time and anywhere. i just need my mobile and Internet connection.

That's true, it maybe correct that anywhere we go there is a mobile android phone were we can download bitcoin wallet. But not ATM machine, it is because not all country understand what bitcoin is. Only one thing I agreed too is that our own ATM/bank is our Laptop/destop, and mobile phone.

[lol3c]

Anyone in the bitcoin ATM business??

I don't see any Bitcoin ATM in my country. But I want to know if I can have my own Bitcoin ATM business? I though the ATM machine is for bank business only. If it is okay to have my own Bitcoin ATM machine, why not? It is a good business to start in my country. And Lastly how it works?

it is possible to carry your Bitcoin ATM machine with you. i do not think that currency we need for any ATM machine, i think my mobile phone is my ATM machine, because i can use any amount of bitcoin from my online wallet any time and anywhere. i just need my mobile and Internet connection.

That's true, it maybe correct that anywhere we go there is a mobile android phone were we can download bitcoin wallet. But not ATM machine, it is because not all country understand what bitcoin is. Only one thing I agreed too is that our own ATM/bank is our Laptop/destop, and mobile phone.

Well, I have to agree with what you say. The Bitcoin ATM is not the greatest idea about developing and improving Bitcoin. In my countries, there are two Bitcoin ATM located in two biggest cities and they work very fine. However, I do not see many people using this machines and other still do not know what they are

[shield132]

Anyone in the bitcoin ATM business??

I don't see any Bitcoin ATM in my country. But I want to know if I can have my own Bitcoin ATM business? I though the ATM machine is for bank business only. If it is okay to have my own Bitcoin ATM machine, why not? It is a good business to start in my country. And Lastly how it works?

Bitcoin atm means bank business, if you offer money withdraw from atm, you are bank in anyway. Where are you going to have money for withdraw? office? System is like bank or you need offices to come people and officially withdraw money. Another way is to make contract with banks if they'll accept of course but to my mind chanses are very, very low. At least you need to make bank system.

[zuyfg888]

Anyone in the bitcoin ATM business??

I don't see any Bitcoin ATM in my country. But I want to know if I can have my own Bitcoin ATM business? I though the ATM machine is for bank business only. If it is okay to have my own Bitcoin ATM machine, why not? It is a good business to start in my country. And Lastly how it works?

Bitcoin atm means bank business, if you offer money withdraw from atm, you are bank in anyway. Where are you going to have money for withdraw? office? System is like bank or you need offices to come people and officially withdraw money. Another way is to make contract with banks if they'll accept of course but to my mind chanses are very, very low. At least you need to make bank system.

It is like a bank, like any other banks, there is a ATM machine where you can withdraw, and sometimes you can deposit your money. But in here, bitcoins is like a virtual money, o a credit card. All these aspects is like any other bank system, this could like, virtual money withdrawing in bank.

[Oggy1987]

Maybe it should be called Bitcoin ATM Exchange, I see some mix it with banks. You buy and sell bitcoins at it, so it works like exchange to me. I got 2 in my town, I think both are 2 ways, so you can buy and sell for fiat. I didnt use them yet, and I would like to see some web where you can see rates and fees, I cant find it anywhere online.

[wuvdoll]

Maybe it should be called Bitcoin ATM Exchange, I see some mix it with banks. You buy and sell bitcoins at it, so it works like exchange to me. I got 2 in my town, I think both are 2 ways, so you can buy and sell for fiat. I didnt use them yet, and I would like to see some web where you can see rates and fees, I cant find it anywhere online.

I don’t see the problem here, I mean there are a lot of bitcoin debit card that allow you to use bitcoin and exchange it directly through any ATM in the world, you just have to find the right one out there, and if you are worried about the fees then I can tell you that they are no different than a regular credit card.

[Baby Dragon]

I saw some videos in youtube that they're using atm with bitcoin i wonder how far it goes. because i know its hard to if its have an atm machine. we all know that bitcoin is made to be cryptocurrency which is intended to be used online for faster transaction with no extra cost just like other remittance center. but still i want to try to use atm machine of bitcoin and to see how it works and whats the advantages of it.

i think bitcoin atm is a good adea. but currently it is not working properly, it will be more helpful when the users of bitcoin will increase, and in such situation atm machines will be more helpful.

Surely that would make things much easier. That way users would not need to rely on credit card to cash out. I know there are already Bitcoin debit card, the problem is that the rates are a bit high at the moment. More companies have to appear, so there's going to be more competition and rates are likely to decline.

Having bitcoin atm is a good idea for me. Some bitcoin user they can withdraw easily and I think I have low fees. If there’s a bitcoin atm you can save your bitcoin easily and it will be very helpful to the people.